The folks at Stereogum wrote a good post titled Spotify In The USA: One Year Later in which they were to kind to ask me for my thoughts on the matter. My thoughts, straight from the article (though with a fix, in italics), below. Read the full piece here.
Family Records founder Wes Verhoeve disagrees. “Holding back from streaming services is a bad idea because you should want to be where your customers are,” he says. Verhoeve also claims that Spotify isn’t affecting his bottom line positively at all. While it does “almost nothing” to compensate the label or its artists in a direct sense, indirectly, Spotify is a valuable tool. “There’s so much new music out right now that if you choose to not make it available in the place that people want to listen to it, they’re just going to listen to something else. So both the artist and the label is just losing out on listeners
you’re just losing and the label is seriously losing out on listeners.”
The main take away point I was trying to make clear is that if you refuse to offer your music where your listeners like to listen to it, they’ll have plenty of other options to listen to. You’re not that important, and you won’t affect overall listening behavior. Unless you’re Justin Bieber or one of the few people with hardcore fan bases in the mainstream. Not even Rihanna counts, and she’s a huge pop star.